Aug 18, 2011

Jack Ablin on economic life without the Fed

Every time the economy got the sniffles, we had the Federal Reserve standing by with tissues. This time around, I think the box is empty, and we're going to have to go through this alone. I think we can do it. It's just not something we're accustomed to.

~ Jack Ablin, chief investment officer at Harris Private Bank, "Here we go again: Stocks plunge on economic fear," Associated Press, August 18, 2011

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